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Karnataka CM Vows to develop a 30 crore start up park
Basavaraj Bommai, the chief minister of Karnataka, stated on Friday that the state would build a cutting-edge startup park next to Kempegowda International Airport.
According to a report by The Times of India, Bommai stated during the presentation of the state budget that the startup park would be created at a cost of Rs 30 crore.
According to IT & BT officials, the projected park will serve as a hub for ambitious business owners in the state. By encouraging the establishment of 25,000 companies in the upcoming years, this will position Karnataka as a champion state for startups, according to IT & BT minister CN Ashwath Narayan.

The statement, according to Narayan, is consistent with the state government’s goal of creating a $300 billion digital economy by 2025.
According to the article, the park will offer a plug-and-play facility with an ecosystem for creating market-ready scalable goods and prototype solutions. Agritech, climatetech, and deeptech are a few examples of developing technologies that the infrastructure will enable.
He also stated that the Karnataka State Small Industries Development Corporation will build new industrial clusters in nine locations when he delivered his government’s last budget for the current term (KSSIDC).
Kodkani in the Uttara Kannada District, Kanagala in Belagavi, Badanaguppe in Chamarajanagara, Chitthapura in Kalaburagi, Byragondanahalli-Chikkanayakanahalli in Tumkur, Humnabad in Bidar, Raichur rural, Hoovinahipparagi in Vijayapura, and Molakalmuru in Chitradurga are the nine locations where new industrial clusters would be set up.
Bommai suggested creating a cloud-based state data centre with an investment of Rs 590 crore for a number of departments and PSUs.
He added that the security of the administrative system is of the utmost importance and that information technology (IT) is widely used in state administration.
When presenting the state’s 2023–24 budget to the state Legislative Assembly, Bommai said, “In this context, a 24X7 Cyber Security Operation Centre (CSOC) with cyber experts incorporating modern technology will be established to ensure safety of government websites, online services, and for data security.”
According to Bommai, a feasibility study has already been completed for the construction of airports in the districts of Davangere and Koppal, and efforts would be taken to start the project this year.
The chief minister claimed that since more people are choosing to travel by air in order to save time and have a hassle-free experience, the government has built a record number of five new airports in the districts of Shivamogga, Vijayapura, Hassan, Raichur, and Karwar.
The chief minister stated that the Ballari airport will be built under the PPP (public private partnership) model through a competitive bidding procedure by starting a fresh tender process, noting that administrative authority has already been obtained for its development.
The Mysuru airport is being upgraded, and funding of roughly Rs 320 crore has been set aside for the project.
According to him, new PPP mega textile parks and micro textile parks will be built in 25 locations across the state this year, creating jobs for close to 25,000 people in the districts of Raichur, Kalaburagi, Vijayapura, and Chikkamagalur.
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